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German construction company HOCHTIEF has said that the sale of its airport business arm has been delayed and may no longer happen this year because of the “macroeconomic situation”.

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German airport operator Fraport has confirmed that it is no longer bidding for the international airport portfolio of HOCHTIEF AirPort (HTA).

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German airport operator Fraport has confirmed that it is in the bidding to buy the international airport portfolio of HOCHTIEF AirPort (HTA).

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HNA Group, the parent company of Chinese airline Hainan Airlines, is bidding for HOCHTIEF AirPort (HTA), which, according to reports in the Wall Street Journal, it values at more than €1 billion or $1.42 billion.

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